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Friday, December 20, 2013

REFILE-Oracle to purchase Responsys in $1.5 billion deal, (NASDAQ: MKTG)

Oracle Corp said it would purchase Responsys Inc in a deal valued at $1.5 billion as the world's No. 2 software maker beefs up its cloud offerings.Oracle's offer of $27 per share represents a premium of 38 percent to Responsys' Thursday closing.Responsys makes cloud-based software for businesses.

Responsys, Inc. (Responsys) is a provider of on-demand software and professional services. Shares of MKTG remained unchanged at $19.52. In the past year, the shares have traded as low as $5.61 and as high as $20.33. On average, 432561 shares of MKTG exchange hands on a given day and today's volume is recorded at 0.



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